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PART III: SORTING SAND by David Kennedy As the Quality Control Superintendent, it’s my job to make sure all our sand gets cleaned and separated into appropriate mesh sizes per product before being shipped out to clients for frac jobs. Here’s an overview of how that works. Fortunately, I have a great team that works…
2019 Oil and Gas Outlook According to Experts 2018 Oil & Gas Price Recap 2018 was a volatile year for the oil and gas industry, featuring both good news and bad news. Brent crude prices started the year around $66 per barrel, climbed to $86 per barrel, and dropped down to yearly lows in December…
Permian Basin Frac Sand Demand Skyrocketing Hydraulic fracturing (fracing) operations in the oil-rich Permian Basin have already taken off, leading experts to forecast that the area’s output by 2023 will be double what it was in 2017. This means that fracing investment continues to rise, especially in the materials that are pivotal parts of the…
In 2016, the United States’ dependence on foreign oil hit a 30-year low. This news may have been largely ignored by the average American, but those who remember the oil shortages in the 1970s surely recognized the significance. In 1973, OPEC, the group of (at the time) Arab nations responsible for the majority of the…
Since the U.S. lifted a 40-year ban on crude oil exports in 2016, American oil producers have entered the market in a major way. Analysts predict that crude oil exports in 2018 will continue to reach new heights, due to a variety of causes. Export Growth Is the New Normal In January of 2018, Reuters…
Drilling budgets set last year are remaining mostly unchanged despite changes in crude prices. Oil prices have remained anything but steady over the last few years. This led to tighter budgets and a larger focus on doing more with less. That philosophy isn’t changing, despite the slow upward creep of oil prices. In fact, operators…
In March of 2018, the number of new drilling permits issued by the Railroad Commission of Texas (RRC) fell compared to the same period the previous year. Completions processed by the RRC rose during the same time frame, meaning oil and natural gas production continues apace, regardless of “new” projects in the field. And, as…